The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Weeks of October 31st & November 7th, 2012
Categories: For Buyers, For Sellers, Hoboken Brownstones, Hoboken Condos, Hoboken New Construction, Market Analysis, Weekly Wednesday Wrap Up
Since we missed last week’s Wrap-Up, the numbers below cover the Residential Property Sales and Activity for the past two weeks:
152 active Hoboken listings:
- 139 Condo & Co-op listings, compared to 148 two weeks ago
- 13 Single- and multi-family listings, compared to 12 two weeks ago
- 8 DABOs (Deposit Accepted By Owner i.e. under contract) vs 9 two weeks ago
- 9 Sold vs. 16 two weeks ago
- 18 New listings vs. 17 two weeks ago
- 1 Price change vs. 4 two weeks ago
- 4 expired listings vs. none two weeks ago
1 Bedroom & Studio Properties
4 New listings
1 Price change
50 Active listings
1 DABO
- 326 Madison St., 1 listed Oct 1 for $315K;
None Sold
2 Bedroom Properties
10 New listings
No Price changes
73 Active listings
4 DABOs
- 116 Adams St., 5 listed Sept 27 for $425K;
- 805 Willow Ave., 1R listed Oct 10 for $485K;
- 150 14th St., 504 listed Oct 17 for $599K;
- 222 Grand St., 4A listed Jul 20 for $780K; reduced Sept. 18 to $765K;
8 Sold
- 813 Park Ave., 1L listed April 20 for $319K; reduced Aug 30 to $299K; sold for $265K;
- 550 1st St., 2 listed Jun 6 for $330K; sold for $320K;
- 95 Willow Ave., 3R/4B listed Aug 24 for $348K; sold for $345K;
- 839 Willow Ave., 2 listed Jul 10 for $375K; sold for $360K;
- 700 1st St., 15H listed Aug 24 for $575K; reduced Sept 19 to $564K; sold for $565K;
- 1325 Adams St., 601 listed April 23 for $619K; sold for $583K;
- 72 Garden St., 1L listed Aug 13 for $635K; sold for $627K;
- 78-80 Jackson St., 3D listed Aug 10 for $699K; sold for $705K;
3 Bedroom & Bigger Properties
4 New listings
No Price changes
21 Active listings
8 Multi-Family Active listings
- 930 Willow Ave., listed Oct 12 for $989K;
- 1231 Bloomfield St., listed Sept 28 for 1.599M;
- 158 13th St., listed Nov 7 for 1.60M;
- 904 Jefferson St., 6K listed Jun 29 for $749K; reduced Jul 30 to $730K; sold for $720K;
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The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of October 17th, 2012
Categories: For Buyers, For Sellers, Hoboken Brownstones, Hoboken Condos, Hoboken New Construction, Market Analysis, Neighborhoods, Weekly Wednesday Wrap Up
This Week’s Residential Property Sales & Activity versus last week’s:
162 active Hoboken listings:
- 149 Condo & Co-op listings, compared to 149 last week
- 13 Single- and multi-family listings, compared to 13 last week
- 9 DABOs (Deposit Accepted By Owner i.e. under contract) vs 14 last week
- 14 Sold vs. 22 last week
- 19 New listings vs. 26 last week
- 9 Price changes vs. 4 last week
- 3 Expired listings vs. 1 last week
1 Bedroom & Studio Properties
11 New listings
4 Price changes
61 Active listings
No DABOs
9 Sold
- 461 4th St., 1E listed May 28 for $279K; reduced Jul 5 to $275K; reduced Jul 28 to $269K; sold for $265K;
- 407-409 Monroe St., 2C listed Mar 26 for $295K; sold for $285K;
- 1016-1018 Willow Ave., 301 listed Jul 19 for $329K; sold for $320K;
- 109 Jackson St., 3H listed Jul 10 for $349K; sold for $330K;
- 203 14th St., 2A listed Jun 28 for $375K; reduced Aug 15 to $345K; sold for $345K;
- 700 1st St., 16PR listed Mar 28 for $399K; sold for $385K;
- 1125 Maxwell Ln., 551 listed Jul 25 for $550K; sold for $530K;
- 1425 Garden St., 204/2D listed Jul 31 for $590K; sold for $575K;
- 610 Clinton St., 1A listed Jan 21 for $699K; sold for $661K;
2 Bedroom Properties
5 New listings
5 Price changes
71 Active listings
8 DABOs
- 323 Jackson St., 402 listed Oct 8 for $379K;
- 308-310 Garden St., 3L listed Aug 16 for $519K; reduced Oct 2 to $515K;
- 610 Newark St., 11C listed Oct. 8 for $530K;
- 210 Jackson St., 3 listed Sept 27 for $550K;
- 700 1st St., 7E listed Sept 29 for $550K;
- 129 Harrison St., 9 listed Oct 5 for $550K;
- 1025 Maxwell Ln., 515 Listed Oct 15 for $860K;
- 1125 Maxwell Ln., 558 listed Jun 28 for $1.650Mil.;
4 Sold
- 730-732 Adams St., 5D listed Aug 14 for $305K; sold for $299K;
- 205 Park Ave., 1 listed Sept 3 for $449K; sold for $475K;
- 703 Park Ave., 2 listed Jul 16 for $485K; sold for $502K;
- 114 Jackson St., 2 lsited Aug 16 for $505K; sold for $505K;
3 Bedroom & Bigger Properties
3 New listings
No Price changes
21 Active listings
9 Multi-Family Active listings
- 1134 Bloomfield St., listed Jul 30 for$1.499M; reduced Sept 28 to $1.399M;
- 128 Jackson St., 4A listed Jun 14 for $739K; sold for $720K;
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The September Hoboken Condo Sales Results
Categories: For Buyers, For Sellers, Hoboken Condos, Market Analysis, monthly results
The monthly number are here. Average sales price dropped slightly (about 4%) from last month but still remain over half a million. Activity is also down over last month with only 61 transactions recorded on the MLS in September. Average sales price was down 6% over last September yet average price per square foot was up 3% and median price per square foot was up 8% over last year.
Look at the average and median prices for 3 bedroom properties. Yet, my buyers still call seeing a 3 bedroom in the 600k range. That’s a tough order to fill.
Inventory is still extremely low. We would sell every unit on the market today in 2 and a half months at this rate of sales. Here are the monthly numbers:
Stay tuned for the 3rd quarter results which will be posted shortly.
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